GREY:VFGGF - Post by User
Post by
Fabbugon May 28, 2013 3:15pm
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Post# 21451279
Painful
Painful With my average share price of $1.22 I've been watching this decline steadily for a while. I am not pleased at the debt they drove up over the last two quarters but this is a junior oil company and that is part of what has to happen. They seem to be on the oil with a good plan and the upgrade to tier 1 on the venture exchange is a good sign. It's a pity they don't have a PR department that could post some minor positive tidbits. It's the silence that's causing the decline, not the facts... this is a safe, stable, Canadian domestic oil producer. It should be a safe bet to ride this one out but it is very painful.